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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flow from operating activities:    
Net income (loss) $ 27,165 $ (164,044)
Adjustments to reconcile net income (loss) to net cash flow provided by operating activities:    
Depreciation and amortization 290,051 299,470
Stock-based compensation 5,444 6,415
Amortization and write-off of deferred finance charges and fair market value of debt adjustments 1,605 (6,088)
Accretion of convertible debt discount 0 8,938
Equity in net income of joint ventures (14,081) (2,351)
Net gain on sale and change in control of interests 1,087 (7,772)
Operating cash distributions from joint ventures 5,921 5,824
Gain on disposition of real estate (47,470) (78,154)
Impairment charges 104,877 279,021
Change in notes receivable accrued interest (7,937) (6,035)
Change in restricted cash (1,052) 548
Net change in accounts receivable 81 (1,689)
Net change in accounts payable and accrued expenses (3,045) (2,603)
Net change in other operating assets and liabilities (12,665) (30,579)
Total adjustments 322,816 464,945
Net cash flow provided by operating activities 349,981 300,901
Cash flow from investing activities:    
Real estate acquired, net of liabilities and cash assumed (145,975) (105,846)
Real estate developed and improvements to operating real estate (134,810) (231,963)
Proceeds from disposition of real estate 296,224 293,130
Distributions from unconsolidated joint ventures 22,307 12,115
Equity contributions to joint ventures (1,452) (277)
Issuance of notes receivable (6,801) 0
Repayment of notes receivable 4,934 9,397
Change in restricted cash (1,551) (31,093)
Net cash flow provided by (used for) investing activities 32,876 (54,537)
Cash flow from financing activities:    
Proceeds from revolving credit facilities, net 100,000 367,371
Proceeds from issuance of senior notes, net of underwriting commissions and offering expenses 0 491,972
Repayment of senior notes (240,000) (152,996)
Proceeds from unsecured term loan 0 300,000
Repayment of term loans and mortgage debt (33,089) (1,047,734)
Payment of debt issuance costs (41) (4,559)
Issuance of common shares in conjunction with equity award plans and dividend reinvestment plan 8,105 2,811
Distributions to non-controlling interests and redeemable operating partnership units (830) (6,065)
Dividends paid (218,762) (197,218)
Net cash flow used for financing activities (384,617) (246,418)
Cash and cash equivalents:    
Decrease in cash and cash equivalents (1,760) (54)
Effect of exchange rate changes on cash and cash equivalents 2 157
Cash and cash equivalents, beginning of year 22,416 20,937
Cash and cash equivalents, end of period $ 20,658 $ 21,040